--- title: "HSN Code for Virgin Olive Oil | HSN 15093000 GST Rate" description: "Find HSN and GST Rates for 15093000 related to Virgin Olive Oil with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15093000/" --- # HSN Code 15093000: Virgin Olive Oil - [Section 03: Guide to HSN Section 03](https://busy.in/hsn/section-03/) - [Chapter 15: Animal or Vegetable Fats, Oils and Their Cleavage Products](https://busy.in/hsn/chapter-15/) - [Sub-chapter 1509: Concentrated milk & cream](https://busy.in/hsn/sub-chapter-1509/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Virgin olive oil | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 15093000 ? It includes Virgin Olive Oil ### How should mixed supplies be billed when Virgin Olive Oil is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Virgin Olive Oil; Nil for exempt items if applicable). ### How much GST applies to Virgin Olive Oil? Under HSN 15093000, Virgin Olive Oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Any common misclassification issue with Virgin Olive Oil? Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Virgin Olive Oil? If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Virgin Olive Oil? Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Does packaging or labelling change the GST for Virgin Olive Oil? For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil. ## India's trade performance: HSN Code 15093000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+900.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+84.44% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7805 of 12657 HSN codes - Share of Sub-Chapter 1509: 2.92% of its exports; import side 0.21% - Rank within Sub-Chapter 1509: #4 of 6 by export value; import-side #4 ### Key metrics - National export rank: #9754 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +900.00% in FY 2024-25 - Contribution to Sub-Ch. 1509: 2.92% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15093000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 1509 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1509 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 1.48% | < ₹1 Crore | 0.0000% | — | 0.09% | −0.26 | #10045 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −66.67% | 0.61% | < ₹1 Crore | 0.0000% | +55.17% | 0.11% | −0.44 | #10473 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +900.00% | 2.92% | < ₹1 Crore | 0.0000% | +84.44% | 0.21% | −0.73 | #9754 | ## Key trade insights: HSN Code 15093000 export-import analysis ### Export snapshot for HSN Code 15093000 India exported ₹0.10 Crore worth of Virgin Olive Oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 15093000 ranked #9754 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15093000 ranks #9754 out of 12657 HSN codes by total export value. Within Sub-Chapter 1509, it ranks #4 of 6. By trade surplus, it ranks #7805 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 15093000 exports The strongest single-year export movement for HSN Code 15093000 was recorded in FY 2024-25, when exports surged by 900.00% over the prior year. ### India records a trade deficit of ₹0.73 Crore in HSN Code 15093000 goods In FY 2024-25, India's imports of ₹0.83 Cr exceeded exports of ₹0.10 Cr, resulting in a trade deficit of ₹0.73 Crore — ranking #7805 of 12657 by surplus magnitude. ### HSN Code 15093000 contributes 2.92% of Sub-Chapter 1509 exports — ranked #4 Among the 6 HSN codes under Sub-Chapter 1509, HSN Code 15093000 ranks #4 by export value — accounting for 2.92% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.21% share (rank #4). ## Related HSN Codes in Sub-Chapter 1509 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 15099010: Other \| Edible Grade](https://busy.in/hsn/hsn-15099010/) | ₹2 Cr | | #2 | [HSN Code 15099090: Groundnut Oils and Fractions \| Other](https://busy.in/hsn/hsn-15099090/) | < ₹1 Crore | | #3 | [HSN Code 15092000: Extra Virgin Olive Oil](https://busy.in/hsn/hsn-15092000/) | < ₹1 Crore | | #4 | HSN Code 15093000: Virgin Olive Oil (this hsn code) | < ₹1 Crore | | #5 | [HSN Code 15094000: Other Virgin Olive Oils](https://busy.in/hsn/hsn-15094000/) | < ₹1 Crore | | — | [HSN Code 15091000: Other Olive Oils: Crude Oil](https://busy.in/hsn/hsn-15091000/) | Nil |